HP to report earnings soon, analysts expect revenue to record a decline
HP is about to release its financial report, and Wall Street analysts expect HP's earnings per share to be $0.81, a year-on-year increase of 1.3%, but revenue will decrease by 2.9% to $12.53 billion.
HP is about to release its financial report, and Wall Street analysts expect HP's earnings per share to be $0.81, a year-on-year increase of 1.3%, but revenue will decrease by 2.9% to $12.53 billion.
Earnings per share forecast and revenue
Wall Street analysts expect HP's earnings per share to be $0.81 in the upcoming financial report, a 1.3% increase from the same period last year. Meanwhile, the company's revenue is expected to be $12.53 billion, a decrease of 2.9% from the same period last year. In the past 30 days, the earnings per share forecast for this quarter has been lowered by 0.6%, reflecting analysts' reassessment of its profitability during this period.
Key indicator prediction
The average estimate of certain key indicators by analysts shows that "personal system net income" is expected to be $8.06 billion, a year-on-year change of -1.4%. The estimated net revenue from printed materials and consumables is 2.79 billion US dollars, a year-on-year change of -7.3%. The net revenue from printed materials and commercial printing is expected to be $1.27 billion, with a year-on-year change of+16.4%. The estimated net revenue from printing products to consumer printing is 313.8 million US dollars, with a year-on-year change of 51.1%. The overall forecast for net revenue from printed materials is 4.37 billion US dollars, with a year-on-year change of -7.7%.
Operational indicator prediction
Analysts predict that the "accounts payable turnover days" will reach 118.5 days, a decrease from 120 days in the same period last year. The expected turnover days for accounts receivable are 27 days, which is a decrease from 29 days in the same period last year. The estimated inventory turnover days are 58 days, compared to 65 days in the same period last year. Analysts predict that the operating profit of personal systems will reach $4918.9 million, compared to $445 million reported in the same period last year. The expected operating profit of printed materials is 82803 million US dollars, compared to 899 million US dollars in the same period last year.
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